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I have attached the problems that I have to do. E5-2 Using the following data, determine which figures should be inserted in the blank spaces.

I have attached the problems that I have to do.image text in transcribed

E5-2 Using the following data, determine which figures should be inserted in the blank spaces. Beginning Units started Units Ending units Equivalent units in in production transferred to in process units process finished goods a 600 8,000 8,600 b 900 6,500 4001/2completed c 1,500 12,900 1200-1/4 completed d 7,250 7,200 1501/2completed e 8,400 8,200 200-1/2 completed F 400 6,200 6,200 6,300 E5-4 Computing Unit Cost Chavez Chemical Co. recorded costs for the month of $18,900 for materials, $44,100 for labor, and $26,250 for factory overhead. There was no beginning work in process, 8,000 units were finished, and 3,000 units were in process at the end of the period, two-thirds completed. Compute the month's unit cost for each element of manufacturing cost and the total per unit. (Round unit costs to three decimal places.) P5-1 Cost of Production summary, one department; no beginning work in process Hugo Products Co. produces a latex paint and uses the process cost system. Materials, labor, and overhead are added evenly throughout the process. The following information was obtained from the company's accounts at the end of February. Production Costs Costs Incurred during month: Materials $30,000 Labor 20,000 Factory overhead 40,000 $90,000 Production Report Finished and transferred to stockroom during month Work in process, end of period, one-fourth completed Units 60,000 10,000 Required: Prepare a cost of production summary for February. P5-7 Change in unit cost from prior department and valuation of inventory. Gomez Products Co. has two departments: Mixing and cooking. At the beginning of the month, Cooking had 4,000 units in process with the costs of $8,600 from Mixing, and its own departmental costs of $500 for materials, $1,000 for labor, and $2,500 for factory overhead. During the month, 10,000 units were received from Mixing with a cost of $25,000. Cooking incurred costs of $4,250 for materials, $8,500 for labor, and $21,250 for factory overhead, and finished 12,000 units. At the end of the month, there were 2,000 units in process, one-half completed. Required: 1. Determine the unit cost for the month in Cooking. 2. Determine the new average unit cost for all units received from Mixing. 3. Determine the unit cost of goods finished. 4. Determine the accumulated costs of the goods finished and of the ending work in process. (Round unit costs to three decimal places.)

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